Viant Technology Inc. $DSP Shares Bought by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. grew its position in shares of Viant Technology Inc. (NASDAQ:DSP) by 5.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,708 shares of the company’s stock after purchasing an additional 1,290 shares during the period. Huntleigh Advisors Inc.’s holdings in Viant Technology were worth $314,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division acquired a new position in Viant Technology during the second quarter worth $75,000. Voya Investment Management LLC lifted its stake in Viant Technology by 24.6% during the first quarter. Voya Investment Management LLC now owns 19,129 shares of the company’s stock worth $237,000 after purchasing an additional 3,782 shares in the last quarter. Bailard Inc. lifted its stake in Viant Technology by 18.4% during the first quarter. Bailard Inc. now owns 19,972 shares of the company’s stock worth $248,000 after purchasing an additional 3,100 shares in the last quarter. Martingale Asset Management L P lifted its stake in Viant Technology by 4.9% during the first quarter. Martingale Asset Management L P now owns 28,353 shares of the company’s stock worth $352,000 after purchasing an additional 1,337 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of Viant Technology by 246.4% during the first quarter. Royal Bank of Canada now owns 29,213 shares of the company’s stock worth $363,000 after acquiring an additional 20,779 shares during the period. 11.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DSP has been the topic of a number of recent research reports. Canaccord Genuity Group cut their price objective on Viant Technology from $24.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, August 12th. JMP Securities cut their price objective on Viant Technology from $24.00 to $18.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 12th. Raymond James Financial cut their price objective on Viant Technology from $20.00 to $19.00 and set a “strong-buy” rating on the stock in a research report on Tuesday, August 12th. Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 price objective on shares of Viant Technology in a research report on Tuesday, August 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Viant Technology in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $19.78.

Insiders Place Their Bets

In related news, CFO Larry Madden sold 13,006 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $9.73, for a total transaction of $126,548.38. Following the completion of the transaction, the chief financial officer owned 423,255 shares in the company, valued at approximately $4,118,271.15. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Christopher Vanderhook sold 8,782 shares of the business’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $9.73, for a total transaction of $85,448.86. Following the transaction, the chief operating officer owned 356,284 shares of the company’s stock, valued at approximately $3,466,643.32. The trade was a 2.41% decrease in their position. The disclosure for this sale can be found here. Insiders own 29.40% of the company’s stock.

Viant Technology Trading Down 1.6%

Shares of DSP stock opened at $8.16 on Friday. The firm has a fifty day moving average price of $9.36 and a 200 day moving average price of $12.17. The company has a market cap of $513.67 million, a P/E ratio of 62.77 and a beta of 1.06. Viant Technology Inc. has a 12 month low of $8.11 and a 12 month high of $26.33.

About Viant Technology

Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.